
Business Times - 03 Mar 2009
S&P revises outlook on CapitaLand to negative, it also withdraws unsolicited rating
By KALPANA RASHIWALA
Standard & Poor's on March 3 revised its outlook on the BBB+ long-term unsolicited corporate credit rating on Singapore-listed property giant CapitaLand to negative from stable. At the same time, the rating on CapitaLand was affirmed before being withdrawn, S&P said in a release issued on Tuesday.
S&P said that without full interaction of the company in the rating process, it is no longer able to provide an informed credit opinion based on publicly available information.
'Under the current volatile environment, a comprehensive understanding of the company's strategic and commercial response to the slowdown in the residential and commercial property business in its core markets is an important credit consideration,' S&P said.



freeme ( Date: 03-Mar-2009 17:34) Posted:
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OneSharer ( Date: 03-Mar-2009 15:26) Posted:
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AK
Didn't get what you're saying about its rts at the other thread... are your still worry? Worry abt it being up or down?
Other coutners retreated ie bks but ds burger stay strong. Observe B5 S90 for R. Mother kena chase B330 n S 60.They just playing ard. May be during d show time, after EU market opens, then we may see some colour.
Cheers.
Rights Closing Date |
12 Mar 2009-No more transaction of R at broking hse n CDP, as 12(Thu) is one day after d T+3, R settlement date. 6-12 Mar seems long as 14 n 15 of Mar are Sat n Sun respectively. |
Rights Trading Period | From 26 Feb 2009 To 06 Mar 2009-D R is listed on SGX for trading fr 26(Thu) Feb to 6(Fri) Mar 09. On 9(Mon) (7 & 8 are Sat n Sun, no trading) , u will never see Capital R on screen liao. |
E-war ( Date: 02-Mar-2009 22:02) Posted:
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Rights Closing Date | 12 Mar 2009 |
Rights Trading Period | From 26 Feb 2009 To 06 Mar 2009 |
Thks AK, dun mind I just clarify. Rights closing date means no more buying/ selling of rights right? Wat abt the Rights Trading Period? Wat's the difference? Thks again!
Today is the day it did break through the floor of 1.88 and went as low as 1.76 before closing at 1.80.
It may be unlikely to go back up above 1.88.
I would say technically speaking, there's a big probabilty of it falling even more badly tomorrow and thereafter, depending on big brother Dow's form tonight and the days/weeks to come...
iPunter ( Date: 27-Feb-2009 17:32) Posted:
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Wah! Should I ask for tomorrow's closing? Hee.
psygoh ( Date: 02-Mar-2009 15:14) Posted:
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In a market carnage like this present one, book value may be only an academic item for die-hard fundamentalist...
At such times, it is not unusual for shares to trade below book value...
Also, as long as uncertainty reigns supreme, real book value may beome lowered too...

Farmer ( Date: 02-Mar-2009 17:09) Posted:
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Ex-date | 19 Feb 2009 |
Buy-In Last Cum Date | 24 Feb 2009 |
Record Date | 23 Feb 2009 |
Rights Closing Date | 12 Mar 2009 |
Rights Trading Period | From 26 Feb 2009 To 06 Mar 2009 |
Last updated on 03/02/2009 03:00:39 AM
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Or go below web site Price menu, to do d above
E-war ( Date: 02-Mar-2009 17:39) Posted:
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